Notting Hill London’s leading housing organisation
know your market
location customer product marketing and brand
location NHH’S development sites
house prices doubled between 2000 – 2010 young people are renting for longer 50,000 40,000
Starts
Completions
30,000 20,000 10,000 0 -0 3 02 0 2
-0 4 03 0 2
-0 5 04 0 2
-0 6 05 0 2
-0 7 06 0 2
-0 8 07 0 2
-0 9 08 0 2
-1 0 09 0 2
-1 1 10 0 2
-1 2 11 0 2
SEASONALLY ADJUSTED TRENDS IN QUARTERLY HOUSING STARTS AND COMPLETIONS
PROPORTION OF NEW BUILD COMPLETIONS THAT ARE HOUSES AND FLATS
100% 90% 80% 70% 60% 50% 40% 30% 20%
Flats
10%
Houses
11 20
10 /
10 20
09 /
09 20
08 /
08 20
07 /
07 20
06 /
06 20
05 /
05 20
04 /
04 20
03 /
03 20
02 /
02
0%
01 /
232,000 new households every year to 2033 in 2009 there were 115,000 new homes completed
20
selling into a smaller market
historical low level of property transactions 60% of PD sales are to overseas buyers 30% of PD is buy to let 73% of PRS is owned by small landlords
market growth
Over the next five years the market is expected to perform by: 20%
rental growth 5% capital growth
PRS 25% of stock PRS
50K growth rate pa new market homes 10 – 15k growth pa
Micawber Street, N1
rationalise design and layouts
before
after
theme and mood
add value
branding and marketing
o o o o
marketing strategy - overseas, domestic agent site branding corporate branding